Post by d a v i d

a BTC ETF will be a massive short and downward pressure. Why would any Wall St money mover put a long on a BTC ETF? Any basic due diligence after looking at the market caps and price pumps as to where all this fresh money is supposedly coming from day after day, week after week, would make it obvious it's a massive ponzi scam. When they understand new money in this space doesn't exist and it's just Tether/Bitfinex/Binance/Tron cycling the same coins around in a circle with Tether adding fake and unredeemable USD into the mix they'll immediately start placing massive shorts on the ETF, then use their influences in banking and Gov to expose the Tether scam to kill the crypto market. The only logical reason why they'd be pushing for an ETF is because they can see it as a massive shorting opportunity once the lid is blown off the ponzi scam and it's all exposed. Once they have crushed the independent crypto space they can buy up all the developers and companies that may have half an idea and some talent and re-design the space in their image with new laws and regulations in line with CBDC. A Blackrock ETF making BTC cultists excited is one of the funniest levels of mania in crypto so far to witness.